Paragon Medical Paves the Way for New Additive Manufacturing Plant in Pierceton, IN | Indiana


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PIERCETON, Ind., September 23, 2021 / PRNewswire / – Paragon Medical, a global supplier of medical components and products, announced the inauguration of a new additive manufacturing facility in Pierceton, Indiana. Paragon Medical inaugurated the new facility today in the presence of local dignitaries including Joseph Thallemer, Mayor of Warsaw; David Rosenberg, executive vice-president of the IEDC; and Mary martin, regional director in the senator’s office Mike Braun.

Located on the existing campus at Pierceton, IN, Paragon Medical’s new additive manufacturing facility will provide 34,000 square feet of manufacturing and operating space when complete. The facility will be dedicated to 3D printing, taking advantage of the existing machining of Paragon Medical based around the world.

from Indiana reputation as the orthopedic capital of the world continues to grow thanks to companies like Paragon Medical, ”said David Rosenberg, executive vice president of the Indiana Economic Development Corporation (IEDC). “Their commitment to grow in Hoosier State shows the confidence Paragon Medical has in our enabling business environment and talent pipeline, and we look forward to continuing to work with the company as it continues to grow. in Indiana. “

The new additive manufacturing plant will be supported by an initial investment of $ 16 million with an additional planned investment of $ 19 million over the next five years. The investment demonstrates Paragon Medical’s commitment to better serve its customers and creates opportunities to further advance employees in the latest and future technologies in the industry.

The investment will encompass the facility, printers, inspection and support equipment that will allow Paragon Medical to vertically integrate the entire additive manufacturing process, from powder to finished product. The facility will initially focus on manufacturing porous titanium implants and rapidly expand into other metals and polymers for various medical device applications.

“Additive manufacturing is integral to the future of medical manufacturing,” said Simon newman, CEO of MW Industries, the parent company of Paragon Medical. “This new facility will allow us to provide state-of-the-art technology and processes for metal additive manufacturing. We will be able to produce lighter and more complex medical parts faster, helping our customers deliver solutions that advance the entire healthcare industry.

Additive manufacturing, also known as 3D printing, is at the forefront of innovation in medical manufacturing. Through additive manufacturing, medical parts such as implants can be made to be stronger, lighter, and support more complex designs that help improve patient outcomes. Additive manufacturing also produces very little waste compared to traditional machining and improves scalability to ensure that consistent, high-quality products can be delivered to customers.

Additive manufacturing technology and processes will be provided through Paragon Medical’s partnership with 3D Systems. 3D Systems, a leader in 3D printing technology and processes with a specialty in medical devices, brings over 30 years of 3D printing experience to the manufacturing industry. Paragon Medical’s partnership with 3D Systems will include:

  • Integration and validation of machines
  • Parts design and process development
  • Regulatory support
  • Procurement and procurement of materials

“Our partnership with 3D Systems is one of the most exciting elements of this project,” said Sean miller, vice president of sales at Paragon Medical. “Their expertise in additive technology and processes is unmatched. Combined with our medical manufacturing experience, we can make a significant difference in the healthcare market. “

The project is supported by the City of Pierceton, NIPSCO and IEDC. The City of Pierceton provided tax incentives, NIPSCO provided utility discounts, and the IEDC provided incentive tax credits as well as performance-based support for the Hoosier Business Investment (HBI) tax credit program.

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Paragon Medical’s new additive manufacturing center is expected to be fully operational by the end of 2022.

About Paragon Medical

Paragon Medical helps accelerate the development of new products for ambitious medical manufacturers. We produce everything from high precision individual components and assemblies to complete finished products. Our experts have extensive experience in a wide range of applications including implants, surgical instrumentation, single use disposable devices and many more. They will help you refine your designs, improve performance and reduce costs while ensuring compliance with established and emerging regulations.

Media contact

Julie-anna dietz

MW Industries, Inc.

[email protected]

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SOURCE Paragon Medical

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